APROVA TEKNIKK AS

7500 STJØRDAL

Finances

Share Ownership

Return on Equity

1,19 %

Current Ratio

0,44

Debt-to-Equity Ratio

−0,45

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	1 343 000	3 450 000	2 341 000
Net Income	−4 000	−218 000	−58 000	−117 000
Total Assets	427 000	428 000	828 000	747 000
Total Equity	−337 000	−333 000	−116 000	−58 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	1 343 000	3 450 000	2 341 000
Expenditure	5 000	1 593 000	3 471 000	2 468 000
Operating Profit	−5 000	−272 000	−20 000	−127 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	52 000	22 000
Financial Balance	0	−7 000	−52 000	−22 000
Earnings Before Tax	−5 000	−279 000	−72 000	−148 000
Tax	−1 000	−61 000	−14 000	−31 000
Net Income	−4 000	−218 000	−58 000	−117 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	159 000	158 000	113 000	99 000
Total Current Assets	268 000	270 000	715 000	648 000
Total Assets	427 000	428 000	828 000	747 000
Total Retained Equity	−430 000	−426 000	−208 000	−150 000
Total Equity	−337 000	−333 000	−116 000	−58 000
Total Long-Term Debt	150 000	150 000	92 000	0
Total Current Debt	615 000	612 000	851 000	805 000
Total Equity and Debt	427 000	428 000	828 000	747 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	1 343 000	3 450 000	2 341 000
Other Income	0	0	0	0
Revenue	0	1 343 000	3 450 000	2 341 000
Cost of Goods Sold	0	690 000	1 803 000	1 141 000
Salary Costs	0	551 000	1 052 000	817 000
Depreciation	0	0	22 000	22 000
Impairment	0	0	0	0
Expenditure	5 000	1 593 000	3 471 000	2 468 000
Operating Profit	−5 000	−272 000	−20 000	−127 000
Financial Income	0	0	0	0
Financial Costs	0	7 000	52 000	22 000
Financial Balance	0	−7 000	−52 000	−22 000
Dividends	0	0	0	0
Net Income	−4 000	−218 000	−58 000	−117 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	120 000	119 000	57 000	43 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	22 000
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	22 000
Total Fiancial Fixed Assets	40 000	40 000	56 000	35 000
Total Fixed Assets	159 000	158 000	113 000	99 000
Stock	85 000	85 000	107 000	155 000
Total Investments	0	0	0	0
Cash, Bank	0	0	128 000	52 000
Total Current Assets	268 000	270 000	715 000	648 000
Total Assets	427 000	428 000	828 000	747 000
Total Equity	−337 000	−333 000	−116 000	−58 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	150 000	150 000	92 000	0
Creditors	499 000	496 000	627 000	453 000
Unpaid Taxes	8 000	8 000	112 000	156 000
Dividends	0	0	0	0
Other Current Debt	108 000	108 000	113 000	196 000
Total Current Debt	615 000	612 000	851 000	805 000
Total Equity and Debt	427 000	428 000	828 000	747 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,19 %	65,47 %	50 %	201,72 %
Debt-to-Equity Ratio	−0,45	−0,45	−0,79	−0
Operating Profit Margin	-	−20,25 %	−0,58 %	−5,43 %
Current Ratio	0,44	0,44	0,84	0,8
Quick Ratio	0,51	0,51	0,96	1
Equity Ratio	−0,79	−0,78	−0,14	−0,08
Gross Profit Margin	-	48,62 %	47,74 %	51,26 %